Excellent business opportunity for this turnkey Banquet Facility, Restaurant Lounge located in an active area of Northern New Jersey. The owner is retiring and will consider financing to a qualified buyer. The business has multiple venues, which offers banquet services, a popular lounge, and a fully equipped restaurant. The sale includes the real estate with additional income from residential rental units. Elegant or casual, wonderfully banquet facility that supplies weddings / affairs and offers a spectacular ambiance, five-star cuisine, polished service and stunning table design. Their professional event consultants will help you to visualize and orchestrate the wedding of your dreams. They invite you to tour their beautiful park-like setting, fanciful gazebos, sparking waterfalls, enclosed chapels, and a magnificent ballroom. Their award-winning chefs possess an unlimited repertoire of fabulous menus, and our imaginative culinary team takes great pride in offering seasonal selections expressly created for your special day. Family owned and operated for many years; the business offers a magnificent setting for weddings, corporate functions and social events of all kinds. Whether you are planning an intimate gathering or lavish affair, it is their pleasure to help you create an event that will dazzle your guests... and exceed your expectations. They have built a reputation for uncommon quality, exemplary service, and extraordinary value. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent and dependable investment return to the owner operator prior to debt service. This business opportunity requires government agency approval to purchase due to the liquor license. The facility consists of 12,500 square feet with a modern, attractive appearance. This business opportunity is located on a commercial avenue in Northern New Jersey, Warren County, which consists of various affluent communities with continued demand for this particular service. This retail business has ten full & part time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $10,800. The business is located in a free stranding facility which consists of 12,500 square feet and has a capacity for approximately two hundred and fifty customers. The sale consists of a fully equipped Banquet facility, Pub / Restaurant which includes a consumption liquor license, full commercial kitchen, refrigeration & freezer units, POS system, displays, shelving, tables, computers, fire suppression system including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. The facility has appropriate private parking on site as part of the sale.

Posted Jun 28, 2016

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